SEC Form 4 · accession 0001144204-19-006351
AerSale Corp · ASLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Townsend
Officer — EVP and CFO · 10% Owner
Period of report
Feb 11, 2019
Accepted (ET)
Feb 11, 2019 · 7:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001754170
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 11, 2019 | P$0 | 591,334 | — | A | 4,589,303 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF1,F2,F3,F4 | $11.50 | Feb 11, 2019 | P | 591,334 | A | — | — | Common Stock | 591,334 | 591,334 | I |
Explanation of responses
- F1Simultaneously with the Issuer's initial public offering, Monocle Partners, LLC (the "Sponsor") acquired, at a price of $10.00 per unit, 591,334 units (the "Private Units") in a private placement for an aggregate purchase price of $5,913,340. Each Private Unit consists of one share of common stock and one warrant.
- F2The securities are held directly by the Sponsor and indirectly by Eric J. Zahler, Sai S. Devabhaktuni and Richard J. Townsend as managers of the Sponsor. Each of Messrs. Zahler, Devabhaktuni and Townsend disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F3The warrants will become exercisable on the later of 30 days after the completion of the Issuer's initial business combination or February 11, 2020.
- F4The warrants expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.